Executive Director and Chief Accounting Officer, DRiV

Date: May 28, 2024

Location: Skokie, IL, US

Company: Tenneco

Executive Director and Chief Accounting Officer, DRiV

Location: Skokie, IL (Hybrid)

 

DRiV is the global aftermarket segment of Tenneco, operating in over 50 locations worldwide. It boasts a diverse aftermarket portfolio with more than 30 trusted brands and operates over 15 manufacturing plants. DRiV leverages its extensive global distribution network to deliver high-quality parts and services to its customers.

 

We are seeking a highly skilled, experienced chief accounting officer / segment controller to join DRiV team. The Chief Accounting Officer is a key executive responsible for overseeing and managing the financial accounting function for DRiV. The Chief Accounting Officer plays a pivotal role in ensuring financial integrity, compliance, and strategic financial management within the organization. This position requires a combination of technical expertise, leadership skills, and a strategic mindset to contribute to DRiV’s overall success. This role will report to the CFO of DRiV and be based in our Skokie, IL office.

 

 

Key Responsibilities:

  • Lead global DRiV accounting team across Americas, EMEA and APAC covering the full range of accounting and financial reporting oversight responsibilities worldwide
  • Collaborate with executive leadership to develop and implement financial strategies aligned with the organization's goals and objectives.
  • Responsible for attracting, developing, and retaining talent across the regional accounting team. 
  • Provide strong oversight over adherence to and implementation of applicable US GAAP, Tenneco Accounting Policies, and Standard Practice Instructions to deliver compliant and best-in-class accounting results
  • Responsible for driving efficient, routine, and compliant close processes that allow for standardization and simplification
  • Responsible for supporting internal audit requirements across regions ensuring observations and deficiencies are reported and remediated timely and effectively; provide support to apply corrective actions as identified by Internal Audit
  • Ensure month-end and quarter-end reporting and reconciliation requirements are in accordance with company policies and procedures across the region.
  • Identify opportunities for process improvement and automation in accounting processes.
  • Lead the controllership aspects of ongoing ERP and other related system transformation across the business.
  • Responsible for being the primary liaison with the external auditors to ensure timely delivery of audit requests to support completion of the audit.
  • Ensure the regional team’s adherence and timely filing of legal entity and local statutory reporting requirements.
  • Support ad hoc and special projects as they arise, including but not limited to: acquisitions, divestitures, push-down accounting, assets as held for sale, discontinued operations, etc.
  • Stay abreast of industry changes and current tax/accounting laws

 

Required Experience

  • Bachelor’s or master’s degree in accounting; CPA required and MBA is highly desirable.
  • Extensive experience as a Controller or similar leadership roles in a multinational organization.
  • Strong understanding of US GAAP accounting principles and global market dynamics.
  • Exceptional analytical and problem-solving skills, with the ability to navigate complex financial landscapes.
  • Familiarity with multiple different ERP systems and advanced proficiency in financial modeling and analysis tools.
  • Proven ability to communicate effectively with diverse teams and stakeholders at various organizational levels.
  • Strong leadership skills in sophisticated functional teams and experience in building relationships across the organization.
  • Ability to multi-task with strong prioritization skills and to work within a highly functioning finance team as a team player.
  • Experience with OneStream highly desirable.


Nearest Major Market: Chicago